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Property profile & analytics
OFF-MARKET
Estimated value
$3,240,000
Manufacturing properties
4174 Half Acre Rd Batavia, OH 45103-3250
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US66-0604353
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1981
Construction
METAL FRAME
Total area
39,324 SF
Lot
8.16 ac (355,450 SF)
APN
52-35-08D-011
UPID
US66-0604353
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.35M
CAP Approach
CAP
$3.17M
Comparable Approach
Comparable
$4.15M
Blend (final)
Blend
$3.24M
Owner & transaction history
Freeman Enclosure Systems LLC · 4 yrs held
Freeman Enclosure Systems LLC
since 2022
Last sale
$2.7M
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$5.3M
+41.4%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Batavia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Batavia submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$3,350,000
ML approach
$3,350,000
CAP Approach
CAP Return
Estimation
6%
$3,430,000
6.5%
$3,165,000
7%
$2,940,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,715,000
Current use
AUTO REPAIR, GARAGE
$5,255,000
Change: +41% · Conversion: Easy
Blend value · Realmo final
$3.24M
Range $2.92M – $3.56M · ±10% · vs last sale $2.72M (Apr 29 2022)
Last sale anchor
$2.72M
Apr 29 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$82 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$32,975
Tax year 2023
Assessed value
$568,230
Assessed 2023
Previous assessed
$568,230
+0.0% YoY
Effective rate
5.80%
On assessed value
Assessed land
$47,740
Assessed improvement
$520,490
Land market value
$136,400
Improvement market value
$1,487,100
Total market value
$1,623,500
Applied tax rate
52.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1981
Construction
METAL FRAME
Heating
SPACE
Cooling
NONE
Buildings
4
Stories
1
Rooms
4
Bathrooms
1
Total area
39,324 SF
Lot
8.16 ac (355,450 SF)
APN
52-35-08D-011
UPID
US66-0604353
Jurisdiction
CLERMONT
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$3.7M
AUTO REPAIR, GARAGE
Est. value
$5.3M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1981
Construction
METAL FRAME
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
4
Rooms
4
Bathrooms
1
Lot
8.16 ac
Current owner
From public records · entity-resolved
Freeman Enclosure Systems LLC
Entity
Free & Clear · 4 yrs held
Mailing address
4160 HALF ACRE RD, BATAVIA, OH 45103-3250
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 29, 2022
$2,715,000
Freeman Enclosure Systems LLC
Diversified Glass INC
Limited Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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